Asset Allocation
Norway Pension Giant Excludes 2 Firms for Alleged Human Rights Violations
A Norges Bank probe revealed cases of rape and harassment at plantations owned by France’s l'Odet and subsidiary Bolloré.
Tag: Council on Ethics
Asset Allocation
Norway’s Central Bank Adds 3 Firms to Government Pension Fund Global’s Exclusion List
The $1.65 trillion pension giant is prohibited from investing in Adani Ports & Special Economic Zone, Weichai Power and L3Harris Technologies.
Asset Allocation
Norway’s Pension Fund Global Excludes Chinese Firm for Environmental Damage Risk
The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.
Asset Allocation
Norway Pension Board Puts Indonesian Firm Under Observation
Indonesia’s largest cement producer allegedly presents a risk of damage to prehistoric cultural heritage sites.
Newsmakers
Norway’s Sovereign Wealth Fund to Exclude Chinese Firm Over Human Rights Abuses
Norges Bank says the risk is too high that sportswear and equipment maker Li Ning may be using forced labor.
Asset Allocation
Norway Pension Giant Asked to Shed 25% to 30% of Companies from Index
Finance Ministry calls for the Government Pension Fund Global to drop up to 2,200 equity investments.
Asset Allocation
Norway Pension Giant Drops Three Companies over Alleged Human Rights Violations
The $1.17 trillion fund also placed PetroChina on watch for three years over ‘gross corruption.’
News
Norway Pension to Exclude UK Security Firm G4S
Fund says firm is risky due to ‘systematic human rights violations.’